Human cost of the Loan Charge — ten suicides, thousands ruined
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At least ten suicides have been linked to HMRC’s Loan Charge, according to Sky News and parliamentary reports.
Victims — cancer patients, parents, and small contractors — describe mental torture and despair as they received tax bills for schemes their recruiters endorsed.
“I sent HMRC a suicide note because I was just fed up,” one contractor told Sky News.
Campaigners call it a state-enabled tragedy, where the real perpetrators — agencies and umbrella companies — “have faced no sanction at all.”

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